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Ashok Leyland rises on launching multi purpose vehicle ‘Stile’

Ashok Leyland Ltd. | Automobiles-Trucks/Lcv | Automobiles | BSE: 500477 | NSE: ASHOKLEY

08 Oct 2013 Evaluate

Ashok Leyland is currently trading at Rs. 15.90, up by 0.05 points or 0.32% from its previous closing of Rs. 15.85 on the BSE.

The scrip opened at Rs. 15.90 and has touched a high and low of Rs. 16.00 and Rs. 15.85 respectively. So far 124533 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 28.70 on 03-Dec-2012 and a 52 week low of Rs. 11.82 on 29-Aug-2013.

Last one week high and low of the scrip stood at Rs. 16.00 and Rs. 14.65 respectively. The current market cap of the company is Rs. 4217.17 crore.

The promoters holding in the company stood at 38.61% while Institutions and Non-Institutions held 29.88% and 18.09% respectively.

Ashok Leyland has launched a multi purpose vehicle ‘Stile’, with price starting from Rs 7.49 lakh (ex-showroom Delhi). This vehicle comes with a diesel engine and will cater to a wider customer base and range of transportation needs. The Stile will address various applications like seven to eight seater people transport in the urban and rural areas, hotel shuttles, taxi services and ambulances.

The vehicle has been developed by Ashok Leyland-Nissan Motor Company joint venture and follows the light commercial vehicle Dost as the JV’s second offering in the segment. It will be produced at Nissan’s manufacturing plant at Oragadam in Tamil Nadu and will be sold through the 130 outlets across the country.

Ashok Leyland, the Hinduja Group flagship company in India, is engaged in the manufacturing of commercial vehicles and related components. The company’s products include buses, trucks, engines, defense and special vehicles.

Ashok Leyland Share Price

174.75 -1.90 (-1.08%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Ashok Leyland	174.75
Force Motors	22382.80
Olectra Greentech	1226.25
Tata Motors	439.15
SML Mahindra	4317.20
View more..

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Ashok Leyland rises on launching multi purpose vehicle ‘Stile’

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